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Hot Drinks in South Korea

Publisher MarketLine
Published Aug 28, 2025
Length 44 Pages
SKU # MTLN20572781

Description

Hot Drinks in South Korea

Summary

Hot Drinks in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The hot drinks market includes retail sales of hot coffee, hot tea, and other hot drinks. The hot coffee segment includes coffee beans, decaffeinated instant coffee, standard instant coffee, ground coffee, and ground coffee pods. Hot tea segment covers black specialty tea, fruit and herbal tea, green tea, instant tea, tea pods, etc. Other hot drinks segment includes chocolate-based hot drinks, malt-based hot drinks, mate, roasted grain hot drinks, etc. The market is valued according to retail selling price (RSP) and includes any applicable taxes.
  • The South Korean hot drinks market recorded revenues of $4,212.4 million in 2024, representing a compound annual growth rate (CAGR) of 5.2% between 2019-24.
  • Market consumption volume increased with a CAGR of 4.9% between 2019-24, reaching a total of 133.1 million kilograms in 2024.
  • The healthy growth of the South Korean hot drinks market during the review period (2019-24) was driven by rising disposable incomes and increasing urbanization. For instance, according to the Bank of Korea, in 2024, the net disposable income per household in South Korea reached $44,635.1, up 4.8% from 2019.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hot drinks market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hot drinks market in South Korea
  • Leading company profiles reveal details of key hot drinks market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea hot drinks market with five year forecasts
Reasons to Buy
  • What was the size of the South Korea hot drinks market by value in 2024?
  • What will be the size of the South Korea hot drinks market in 2029?
  • What factors are affecting the strength of competition in the South Korea hot drinks market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's hot drinks market?

Table of Contents

44 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the South Korean hot drinks market?
7.3. Which companies have been most successful in increasing their market shares during 2019-24?
7.4. Which companies market shares have suffered during 2019-24?
7.5. What are the most popular brands in the South Korean hot drinks market?
8 Company Profiles
8.1. Ajinomoto Co Inc
8.2. Nestle SA
8.3. Namyang Dairy Products Co Ltd
8.4. JAB Holding Company SARL
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: South Korea hot drinks market value: $ million, 2019-24
Table 2: South Korea hot drinks market volume: million kilograms, 2019-24
Table 3: South Korea hot drinks market category segmentation: % share, by value, 2019-24
Table 4: South Korea hot drinks market category segmentation: $ million, 2019-24
Table 5: South Korea hot drinks market geography segmentation: $ million, 2024
Table 6: South Korea hot drinks market distribution: % share, by value, 2024
Table 7: South Korea hot drinks market value forecast: $ million, 2024-29
Table 8: South Korea hot drinks market volume forecast: million kilograms, 2024-29
Table 9: South Korea hot drinks market share: % share, by value, 2024
Table 10: Ajinomoto Co Inc: Key Facts
Table 11: Ajinomoto Co Inc: Annual Financial Ratios
Table 12: Ajinomoto Co Inc: Key Employees
Table 13: Ajinomoto Co Inc: Key Employees Continued
Table 14: Nestle SA: Key Facts
Table 15: Nestle SA: Annual Financial Ratios
Table 16: Nestle SA: Key Employees
Table 17: Nestle SA: Key Employees Continued
Table 18: Namyang Dairy Products Co Ltd: Key Facts
Table 19: Namyang Dairy Products Co Ltd: Annual Financial Ratios
Table 20: Namyang Dairy Products Co Ltd: Key Employees
Table 21: JAB Holding Company SARL: Key Facts
Table 22: JAB Holding Company SARL: Key Employees
Table 23: South Korea Exchange Rate, 2019-24
List of Figures
Figure 1: South Korea hot drinks market value: $ million, 2019-24
Figure 2: South Korea hot drinks market volume: million kilograms, 2019-24
Figure 3: South Korea hot drinks market category segmentation: $ million, 2019-24
Figure 4: South Korea hot drinks market geography segmentation: % share, by value, 2024
Figure 5: South Korea hot drinks market distribution: % share, by value, 2024
Figure 6: South Korea hot drinks market value forecast: $ million, 2024-29
Figure 7: South Korea hot drinks market volume forecast: million kilograms, 2024-29
Figure 8: Forces driving competition in the hot drinks market in South Korea, 2024
Figure 9: Drivers of buyer power in the hot drinks market in South Korea, 2024
Figure 10: Drivers of supplier power in the hot drinks market in South Korea, 2024
Figure 11: Factors influencing the likelihood of new entrants in the hot drinks market in South Korea, 2024
Figure 12: Factors influencing the threat of substitutes in the hot drinks market in South Korea, 2024
Figure 13: Drivers of degree of rivalry in the hot drinks market in South Korea, 2024
Figure 14: South Korea hot drinks market share: % share, by value, 2024

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